A federal appeals court has approved a deal granting immunity to the Sackler family, owners of Purdue Pharma, from civil claims related to the opioid crisis. The plan will see Purdue Pharma become a new company, Knoa, with profits going to a fund to prevent and treat addiction. The family will contribute $5.5-$6 billion in cash over time, or around half of their collective fortune. This settlement is the latest development in the opioid crisis, and is hoped to help fund much-needed addiction programs.
Posts tagged as “Stamford Hospital”
U.S. Senator Richard Blumenthal of Connecticut suffered a broken leg during a victory parade for the University of Connecticut men's basketball team on Saturday, but is expected to make a full recovery after successful surgery. Despite the injury, Blumenthal got back up and finished the parade, and is currently staying at Stamford Hospital overnight. He plans to be back at work next week.